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Wells Fargo Small Business Survey: Q3-2019
Main Street appears to be far less impacted by the intensifying trade frictions than Wall Street. Wells Fargo’s Small Business Optimism Survey showed business owners were more optimistic about both the present economic situation and future business conditions. Overall small business optimism rose seven points during the third quarter to 136. While the overall index increased notably the past two quarters, data from earlier this year were depressed following the stock market sell-off last December. The current survey was completed well before the recent market volatility surrounding the extension of tariffs on the ... (full story)